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FOX Business
Nov 11, 2012 2:00am EST
. caing for stricter regulation on energy companyings. that could be why energy stocks got pummeled after the election and steve said it is why we get use tod the higher gas prices. >> two big things that hit us on the energy front. one regulatory and epa is frothing at t mouth to reduce gas supply and natural gas that make its easy and cheap now it will bexpensive and rare so get used to it. high prices in the gas pump. >> emac what do you think? >> i agree about the weaker dollar, yes. oil goes up in price and i agree with steve about the bridge tollburrcrat necessary washington dc wreaking our energy supply. i believe in the natural gas revolution . it is 10 percent of our energy supply here in the united states and creating two million jobs and germany is afraid of how powerful our natural gas energy is. i hope that reduces the discomfort. >> victoria. is natural gas green enoug for the president. it is a fossil fuel . >> not as clean as bird cleaning windows. the president doesn't want high gras -- gas prices. i am not worried about spiking gas prices. what will increase gas prices i
FOX Business
Nov 9, 2012 11:00pm EST
-elected, and a lot it sounded hyperbole; right? saying that to scare you. murray energy ce today, he's acting on it. stay top of mind with customers? from deals that bring them in with an offer... to events that engage and create buzz... to e-mails that keep loyal customers coming back, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try. neil: all right, well, they threatenedded, and they said if barack obama was reelected, not just bad for business, but for jobs and they would lay off people. murray energy, ceo, robert murray, laying offer 156 people after the president won re-election, and he sent out a prayer to the staff. i'll quote here. "lord, forgive me and anyone with me in the corporation for the decision that we are now fced to make to preserve the very existence of any of the enterprises that you have helped us build." mr. murray is on the phone now. how many people did you have to layoff? >> caller: so far, neil, and good afternoon, it's been about 300, and that's about 8% of the organization so far, but
FOX Business
Nov 10, 2012 3:00am EST
energy ceo, today, he's acting on it. i mean, yeah, you could say it's an unusual hobby. and yeah, i've had people laugh at me, but i don't care. i just love collecting air. people always say the world is, like, 80% water, right? that means the world has to be like 90% air. that's just science. think it's weird to collect air? you wouldn't think so if you saw what your lungs collec every time you breathe. people can make fun of me all they want, but i choose to see the glass half-full. of air. protect your health with life-saving air quality updates from the american lung association. get our free "state of the air" app at lung.org. neil: all right, well, they threatenedded, and they said if barack obama was reelected, not just bad for business, but for jobs and they would lay off people. murray energy, ceo, robert murray, laying offer 156 people after the president won re-election, and he sent out a prayer to the staff. i'll quote here. "lord, forgive me and anyone with me in the corporation for the decision that we are now forced to make to preserve the very existence of any of
FOX Business
Nov 8, 2012 10:00pm EST
quality standards at the same time. energy stocks were weak. crude oil rallied. it is now above $85 a barrel. the yield on the ten year, just over 1%. the government narrowly voting to approve the austerity factors require top like the european union and avoid bankruptcy despite violent protest against austerity measures. still, the arrow down to a two month low against the dollar. eu finance minister says, think a lot this for a while, and they decided to delay for weeks the decision to actually give greece any moremoney. president obama to address the impending fiscal cliff and a statement in the eastern tomorrow added to his schedule late this afternoon. the president is expected to lay out a number of steps required to keep our economy growing. reduce. i can't tell you how pleased i am to see th president addressing the volatility in these markets and the fundamental issues affecting the economy. the chief economist for moody's economist. >> would not put my hopes to high. more stagnatio and malaise in definitely. the administration takes a more positive approach toward promot
FOX Business
Nov 15, 2012 1:00pm EST
an energy trader. winter really doesn't start until we start taking gas out of storage and that happened. another thank that happened earlier than a lot of people thought it would, not only because the weather has been a little bit colder but also because of the increased demand in the northeast, replacing some of that nuclear power plant demand that was shut down during the storm. so better than expected demand. the first withdraw of the season of the get your coat out. winter's here. melissa: uh-oh. gold prices reflecting slumping third quarter. i don't know, i think gold is going higher here. i think this is opportunity. >> i like the way you thing. george soros and others jumping into gold like crazy. gold was holding in there on increased concerns about the gaza strip. it really seemed to break when the fed's jeff lacker, mr. lacker came out and said if they get a deal on fiscal cliff we'll see 3% growth. i don't know what it was about the headline but as soon as it hit the wire gold broke hard. they're looking at concerns about the economy. concerns about greece that has b
FOX Business
Nov 12, 2012 3:00pm EST
the oil market has been this year and energy market in general, two key relationships. the first is between wti and brent. we have seen that thread work out to all-time highs. i believe right now december on december, is about $23. meaning the price of brent is $23 higher than price of wti. that can be explained by what came out of the report today. there's a shift taking place. obviously supply in the united states is at highs. and cheap oil in general is a very bullish thing for commodities. where cheap oil begins to become a problem like in 08 is if it's associated with weak economic growth. we need to keep that balance very close and watch that as we head throughout the week here. cheryl: john, one thing i will say as a caveat there is that the weather, which is always unpredictable looking like it is going to be a really rough winter, heating oil, things like that, are you making bets in those markets now? >> you know, it is funny because if you look at hurricane sandy and what it's done, i think short-term heating oil, reformulated gasoline, probably a bit of bearish component
FOX Business
Nov 15, 2012 10:00pm EST
lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes tohe avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. lou: amassed a best seller on the sub ministration. republican leaders in washington about this very thing. whether they are right or wrong, i don't know. they believe in their hearts that this president is trying to go over the cliff. he has looked at the polls. nearly all of them say, if we go over, it's the republicans who people are going to blame. the republican. lou: it is a silly thing not begun negotiations. think about the pollster who posed the question, inviting such silliness and absurdities as to make a decision about something that has not transpired is not even begun. no foundation for blame. >> can'tou see bill clinton getting on the
FOX Business
Nov 10, 2012 11:00pm EST
pouring billions of taxpayer dollars and failed green energy companies, obama wants to do it again. what to expect in the next four years from this administration when it comes to managing your money. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual
FOX Business
Nov 15, 2012 5:00pm EST
lating. what could this all mean for energy supplies in the middle east? we've got the latest. this is getting even scarier. do you ever have too much money? [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than t other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. you walk into a conventional mattress store, it's really not about you. we
FOX Business
Nov 16, 2012 3:00pm EST
cliff and it was republicans who said that. but the energy sector never really moved on that. one of the worst performers giving us the best indicator even though it is down just a couple of pennies. the complex is behaving like this, oil moving higher today on tensions along the gaza strip continuing to build cost and supply risk. up a full percentage point. natural gas jumping 2.33%, colder weather, perhaps that has something to do with it. so we have the worrisome headlines over israel. also out of washington, d.c., a little bit of positivity. what have traders got to do with all of this, are they short, neutral? let's ask three superstar traders at the cme group and the nymex. notice i did not stay long because i figured knowing you you would probably not be long but what are you doing going to this weekend? >> a lot of people after the leaders of both parties were very optimist we talking about possibility of a deal, people covered in a short they might have headway int had going intod on the off chance that they come up with something between now and monday they don't want to b
FOX Business
Nov 9, 2012 6:00pm EST
green energy companies, obama wants to do it again. what to expect in the next four years from this administration when it comes to managing your money. gerri: today was the first day of gasoline rationing in new york city and long island all because of hurricane sandy. gas rationing. drivers can only fill up every other day were put into place to stop the panic buying and it is borderline anarchy that was going on. long lines that took effect. you see a lot of calves in the line as well. governor andrew cuomo says it could top $50 billion and it would make it that second costliest storm behind hurricane katrina seven years ago. president obama is scheduled to visit the new york area next thursday to see the recovery operation firsthand. the definition of insanity is doing the same thing over and over and over again. and expecting different results. so how does this apply to obama's next four years in office? the green companies backed by your taxpayer dollars? they just grow and grow. many of them are hemorrhaging cash by the day. others have gone bankrupt altogether. our next gues
FOX Business
Nov 15, 2012 11:00am EST
congress. connell: the founder of five our energy will answer questions about this report that his product may be linked to 13 deaths. and lead mcgraw on the oil market reaction to attacks in bas and the david petraeus scandal in charlie gasparino on the white house c e o meetings. dagen: so much to get to. after that computer glitch grounded its planes nationwide united airlines saying it is up and running. nicole petallides on the floor of the stock exchange. what is normal about the stock reaction? nicole: very normal stock reaction. this is a stock that started with the arrows and traded as low as 1960 interday and coming back and had a high of 2018 and all the rest of the airline stocks i have been checking, delta, up arrows, and continental under pressure today. below the 1960 we are at 1976 and it is not far off of the low, and a nationwide glitch, it is not great news and we are hearing their returning to normal all of this occurring for weeks before thanksgiving, the busiest time, and this is the third time since june that united continental has had computer issues. dagen:
FOX Business
Nov 7, 2012 10:00pm EST
us here next. all energy development comes with some risk, but proven technologies all natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundt, clean energy to power our lives... that's smarter power today. ♪ lou: voters yesterday turned investors today and turn their attention from the presidential race to the fiscal cliff and ross the atlantic the reality in europe ofan economic contraction and, well, a continuing crisis. the result, the biggest one day decline on wall street since june. markets opened sharply lower, but the dow and nasdaq breaking below the 200-day moving averages. rallies failed throughout the session. stocks closing down more than 2% on the day. the dow down 313 for the first time since september. th s&p down 34 and the nasdaq do
FOX Business
Nov 7, 2012 11:00pm EST
makehem write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can hp fight breast cancer today. ♪ neil: if you a business, and you are unsure what is going on in the future, would you hire in this environment? the closer we get to the deadline, more than likely it looks like they will cobble something together. that is looking more and more likely that companies just keep their wallets closed, and then what? >> well, we had largest drop in stock market today that we've had all y year, because yesterdy status quo won, that status quo, has a situation where are running trillion dollar deficits, 16 trillion in debt and a fiscal cliff coming in a couple months, everyone is saying, we need fundamental reform, we have to deal with government spending. neil: i think refor was rejected. reforming the financial system, reforming the budget process, was not a top priority on american's minds when they want to continue with what we have, i don't know how more discouraging that could be
FOX Business
Nov 9, 2012 1:00pm EST
country is a global leader in research and technology and clean energy, which will attract new companies and high wage jobs to america. we plan to put folks back to work including our veterans. rebuilding our roads and bridges and infrastructure. they plan to reduce our deficit for a balanced and responsible way. our work is made that much more urgent because at the end of this year we face a series of deadlines requiring us to make major decisions about how to pay our deficit down. decisions that will have a huge impact on the economy and middle-class both now and in the future. last year i worked with democrats and republicans to cut a trillion dollars worth of spending that we just couldn't afford. i intend to work with both parties to do more. that includes to make reform that will bring down the cost of healthealth care so we can stren programs like medicaid and medicare for the long haul. but as i have said before, we can't just cut our way to prosperity. we are serious about reducing the deficit. we have to combine spending cuts with revenue. that means asking the wealthiest ameri
FOX Business
Nov 14, 2012 12:00am EST
expectations spiked following a cold weather forecast for much of the u.s. the international energy agency lowered forecast for global oil demand by 290,000 barrels a day. the iaea blames superstorm sandy, you remember her. >>> bipartisan group of 28 governors want congress to renew a wind energy tax credit. governors say letting tax break expire will cost 37,000 jobs and drive away $10 billion of private investment. it expires a t end of this year. >>> next on money, elizabeth warren hasn't even been sworn into the u.s. senate but she already hasthe entire banking industry shaking in its boots. one of her biggest supporters couldn't be haier. i codn't disagree more. he is here to debate it out with me. >>> plus, iran fles its military muscle as sanctions tighten their grip around the regime. e the massive war games a signal it may be ready to lash out? more "money" coming up. ♪ ♪ . melissa: so newly-elected senator and former head of the consumer financial protection bureau, she was running fothat, not sure she was head of that,ut public enemy number one on wall street. according to r
FOX Business
Nov 7, 2012 8:00pm EST
afraid of. he has his agenda with green energy crowd, we have already wasted billions of dollars but he will continue to try to push that, and continue to roll out obamacare. and there is still so much hidden stuff. he will try to force john boehner and the republicans into agreeing to something temporarily. extending bush tax cuts, i mentioned you to last week, that biggest uncertainty is making tax rates temporary. that creates -- >> you are right on that, anything -- you need a sense of consistency, we're not there, you are going to run for president? >> no. neil: i don't believe you. >> based on what i know today, my hair is not on f fire. neil: how are you feeling? >> great, i am looking forward to being a strong voice for the people, i will be replaced neil of. i am still coming on fox if they invite me. >> are you kidding. you have to get a little bit more in your face, and not be as shy, you show promise, herman, you might have a future. >> i'm working on it 92 this man, battled stage 4 cancer, cancer, was scared to death of it and left. >> 6 years ago, i just got a clean bil
FOX Business
Nov 15, 2012 9:00pm EST
to energy policy? >> to independence on foreign energy sources. >> who will obama a point* to the court? i am told we are going over a cliff. but that does nothing compared to the rate at -- real threat. what will we see? tonight. >> i am ready for the next four years because i have my crystal ball i will see what happens. first pundits will scream about the fiscal cliff a series of tax increases going into affect january 1st unless they work out a deal. they will. i can see it. they will meet, press conferences and predict disaster then reach a deal. it will not solve much but then the media will move on. america will continue to go broke. if i too cynical? and no. worse than that says congressman ron paul. predict the future. >> the future looks good people know that what we have today is not workable but short-term the people will not admit we're bankrupt or on the verge of a major major change in our society. but they will destroy the dollar were reinforced to change our system of financing. it could be big. not quite as bad as the soviet system but changes are to come. true b
FOX Business
Nov 12, 2012 9:20am EST
opposed to wants to have. that speaks to energy, certain types of medicine and technology, but beyond that, we're really pulling in our horns right now. charles: you would term these really, on, some sort of modern day version of widows and orphanses kind of fem nons. >> the gold mining, look to the picks and shovels, not to make a million. looking to the supplies for a million dollars. charles: in february, march of 2009, americans sold 50 billion dollars worth of equity mutual funds when they probably should have been buying 350 billion and a majority sold out because of president obama, in hindsight it was obviously an expensive mistake. do you think that knee jerk selling the market because the president has a second term could be the same kind of mistake. >> no question about it. the worst possible thing an investor can do. you need to be in the market for appreciation and income and need to use things like trailing stops, for example, that automatically make that decision for you, if you've got a market of millions of participants you're not smarter than that market. i'm not sma
FOX Business
Nov 13, 2012 1:00pm EST
numbered with good numbers. cisco back and forth with its earnings estimate. melissa: the energy sector mostly lower today in global economic worries that natural gas is bucking the trend up 4%. jeff flock have a latest on that. >> it is cold. i had snow in my yard. the markets are very much on seasonal issues. i will get to that in the next hour but natural-gas up almost 4%, below normal temperatures forecast and it looks like for the first time since 2007, the earliest decline in inventory, the supply is going away because it is cold, need to burn more natural gas. the oil sector down today, texas intermediate losing 1/2% and this is mostly global concerns that most people look at brand as well that is the bigger loser as well because the i e a, international energy agency indicating there is going to be less demand worldwide and this extends to the gasoline sector as well. take a look at that. it has been down 1% last i checked. no more gasoline rationing in new jersey, still on long island. there you go. lori: complaining about the weather in the midwest. i really feel sorry
FOX Business
Nov 12, 2012 4:00pm EST
. international energy agency says the u.s. will be the top oil producer by 2017. the u.s. is in third place behind russia and saudi arabia. >>> hostess brands warning it may permanently close some of its plants if union members continue to strike. the action represents 5,000 hostess workers. that is today's david, speed read [buzzer] david: gooo work. hostess doesn't have twinkies anymore, does it? sandra: that doesn't matter. david: thank you, sandy. george lucaas is sell to the film companying to $4 billion this year may save him tens of millions of dollars of capital-gains taxes if he completes the deal before rates go up january 1st. while on a much smaller scale there are many more deals being struck before the clock strikes on a 15% capital gains rate. one of the deals is made by burt wolf whose okay again business was in his family since 1936 but he sold before the higher taxes kicked in. burt joins us now. you're thinking like a billionaire because presumably why george lucas wants to sell, right? >> if you say so. david: why are you selling? what is the specific reason you're
FOX Business
Nov 13, 2012 12:00am EST
time to gush about oil right here in the usa. that'sight, believe ii or not the international energy agency says the u.s. will become the world's top oil produc in five years. that would be amazing if it's true. what will it take to get there? i don't know. let's turn to oil guru stephen schork, founder and editor of the schork report. stephen, as always, welcome back to the show. >> great to be here, thank you. melissa: all this is predicated on tracking and shale. first of all do you think it is realistic? that is pretty quick time horizon? >> absolutely, melissa, and it is amazing when you make prices go high enough how much of a supply given commodity there is out there. with all apologies to the bob dylan, the answer is not blowing in the wind. the answer is drilling beneath our feet. melissa: so let's do comparisons on a price basis because my thought on this we coul outproduce saudi aria at some price. saudi arab the oil is sor of sitting rightn top of the sand. we're talking about oil in the u.s. that is more expensive to get to. but at the same time we don't have to transpor
FOX Business
Nov 16, 2012 12:00am EST
to energy policy? >> to independence on foreign energy sources. >> who will obama a point* to the court? i am told we are going over a cliff. but that does nothing compared to the rate at -- real threat. what will we see? tonight. >> i am ready for thenext four years because i have my crystal ball i will see what happens. first pundits will scream about the fiscal cliff a series of tax increases going into affect january 1st unless they work out a deal. they will. i can see it. they will meet, press conferences and predict disaster then reach a deal. it will not solve much but then the media will move on. america will continue to go broke. if i too cynical? and no. worse than that says congressman ron paul. predict the fure. >> the future looks good peop know that what we have today is not workable but short-term the people will not admit we're bankrupt or on the verge of a major major change in our society. but they will destroy the dollar were reinforced to change our system of financing. it could be big. not quite as bad as the soviet system but changes are to come. true bankru
FOX Business
Nov 10, 2012 9:00pm EST
energy then you mighget the money and some of the with the defense contractor in favor of mitt romney that is good for your business but bad for the economy in general to tax some people. romney had a good line you don't just pickwinners and losers but you pick the losers. john: they could the random selection people look at politician as the person to solve every problem? president obama was the magic president. these people were waiting three hours. he is magic. >> they've really feel he has the intrinsic quality now they he has been reelected to change people's lives like he has only been warming up. for what? it is terrifying. john: people felt this way about romney. >> but obama is a classic example of the colt of the presidency the idea that any politician can fix all the problems is not start with the obama but is the attitude we should get rid of racism. he should stop the rise of the oceans and get everybody house. i saw a teenager said he should give everybody a house. kids say that is understandable. but adults are supposed to understand there are incentives, a trade
FOX Business
Nov 9, 2012 9:00pm EST
. stillahead, after pouring billions of taxpayer dollars and failed green energy companies, obama wants to do it again. what to expect in the next four years from this administration when it comes to managing your money. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. taefficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus wh
FOX Business
Nov 12, 2012 7:00pm EST
son of a gun to look down their noses when many republicans and conservatives talk about energy independence. take that. up next, republicans and democrats bracing for a deal on avoiding the fiscal glass. the "a-team" will be here. we're coming right back. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-aee-o 50% more flash. [ uthern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people whke more cash. 50% more spy stuff. what's in your wallet? this car is too small. can i still ship a gift in time r christmas? yeh, sure you can. gre. where's your gift? uh... whew. [ ma announcer ] break from the holiday strese. ship fedex express by dember 22nd for christmas delivery. ♪ lou: joining me now, the "a-team," author of what the bleep just happens. wall
FOX Business
Nov 7, 2012 7:00pm EST
margin. the heaviest volume in six weeks. financials in the s&p down three and a half%, energy stocks down more than 3%. technology stocks above 3%. telecom down more than two and a half percent. stocks were considered to be the beneficiaries of obamacare, big winners today. a ca holdings, a tenet healthcare, community health, all up sharply against the market trend, obviously. qualcomm down during the day. after the market closed it beat earnings targets and reported an 18 percent growth and earnings delivering an upbeat outlook. the stock up sharply in after-hours trading. money that came out of stocks falling into treasurys, and yields moving lower. the government to in your yield now at 163%. crude oil prices tumbling on fears of a weak economy, large inventory, crude oil, a stronger dollar that was boosted by a flight from european currencies to this country. crude oil down more than $4, under $85 per barrel. we should point out, today's stock sell-off to my as impressive as it is, does not compare with the sell-off when president obama was first elected back in 2008, and the day
FOX Business
Nov 14, 2012 6:00pm EST
a value added tax, carbon energy tax. i hope you're wrong. finally, since obama comes from chicago i think he brings chicagos dirty politics to the national stage. there prove my point. we love hearing from you. send me an e-mail. and finally, cash-strapped new york state taking a ridiculous approach to the dmv. the state has tentatively chosen the highest bidder, not the lowest among the highest bidder temperatures driver's licenses, a canadian company. it gets worse. the company can only provide black-and-white photos, and not done. if approved the contract we will cost the state $38 million more than the next operator. still losing vendors and of the company that has produced a license for new york for the last 16 years. they're protesting the award. this takes outsourcing to a whole new level. again, maybe black and white license photos will look better. that's m
FOX Business
Nov 12, 2012 11:00am EST
contributor. >> who said we cannot drill our way to energy independence? we are doing it with fracking and it is driving prices lower. probably not because of this because people in the industry have known this is coming for some time but today oil prices down a little bit after lessening of concerns and little bit about what was going on with the global economy. under pressure in recent weeks, concerns of economic growth. down a little bit today because of concerns going on. prices have been the one that have been hired today. concerns about the buzzard oilfield has gone down, kept rises up. gasoline strong one in the energy complex today. back to you. dennis: i love fracking. thank you, phil flynn. >> thank you, sir. cheryl: say it ain't so. the end of the twinkie, cohost, wonder bread, this is a bad situation. dennis: and "skyfall" skyhigh open. new details ahead. speak on tracy byrnes with your fox business brief. wall street has lingering concern about the fiscal cliff weighing on the market. the dow was only up about four points. meanwhile investors are driving up shares today. t
FOX Business
Nov 13, 2012 11:00am EST
space. aerospace energy, long-term play, i think this is a one for 401(k)s. connell: charles, see you next hour, i believe. nicole is that watching retailers for us. nicole: we will take a look at a few retailers. we will start with saks fifth avenue. they are coming out with numbers that are a little bit disappointing. profit was on the rise. the big picture is they noted a fiscal cliff playing into their numbers as well. and hurricane sandy. it really generates about one fifth of their revenues. that is a big, big player. a lot of stores had to close for at least one day and some for over a week. then there is michael kors. higher same-store sales. they expect more profits. year to date, michael kors is a seller. it is. dow jones industrials up 68 points. dagen: business leaders cringing. where do you claim. we will talk about some ideas. connell: grading the election versus those in our nation's past. we have the report card coming up for you after that. first, let's take a look at the world currencies. the local ♪ having you ship my gifts couldn't be easier. well, having a ton o
FOX Business
Nov 13, 2012 11:00pm EST
write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bott of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increes ] man: a few ihes of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an age, call the number that appears on your screen. neil: did you take a look caterpillar stock today? jpmorgan downgraded, cut the price target was widely considered a global economic bellwether in part, not hol but in part because of concern over the ongoing energy policies, which it whole bunch of them think will be hurtfuto the s. interest levels with energy interests. not at all surprised by this development? >> no, really not. i find it ironic in the headlines we see we cld be energy independent by 2020, at the same time caterpillar is bein
FOX Business
Nov 8, 2012 12:00am EST
term. it could bring their blockbuster growth to a halt. former energy secretary bill richardson joins us to drill down on all of this. do you ever have too much money? ♪ . melissa: no question, president obama will have his work cut out for him in his second term. not the least of all pushing through the partisan gridlock he says he has, that has been holding him back all these years. he has got to make big moves and fast on jobs, health care, tax, you name it. no matter how you voted last night i'm betting you're sick and tired of all the political bickering. why can't thingsust get done? joining me now is fred barnes, fox news contributor and executive editor of "the weekly standard." we have juan wlliams, fox news political analyst. you know what, guys? i'm going to bring people together if it kills me here. you know? fred, give me your olive branch. what could the republican offer? we have to solve the problems the fiscal cliff not like we're going over it anymore. it is speeding at us. i'm terrified. give me an olive branch. >> melissa, you first thing you need to do is not do
FOX Business
Nov 11, 2012 6:00pm EST
supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. neil: i'm not saying we have a revolt on our hands, but we have, at least from the eyes of critic z, john boehner a revolting thought, the idea that the leader of the republicans of the hous
FOX Business
Nov 10, 2012 6:00am EST
networks combined. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation so i can get the energized cancer crusade. feeling i need and support a great cause? i'm sold. pink lemonade hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. neil: i'm not saying we have a revolt on our hands, but we have, at least from the eyes of critic z, john boehner a revolting thought, the idea that the leader of the republicans of the house of representatives is open to raising taxes. the louisiana republican says not only on issues like taxes, but on immigration, host of other issues. explain, congressman. you're not happy now op any revenue issues that boehner might want to concede? >> well, neil, that's quite right. of course, spaker boehner's comment were a bit contra kick digit -- contradictoryy but suggested he's willing to increase taxes on certain groups, particularly higher income le
FOX Business
Nov 16, 2012 5:00pm EST
israel reportedly preparing for a ground invasion of the gaza strip. the stakes for mideast energy supplies could really not be higher. details what is standing in the cross-hairs. more money coming up [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporang a business you'd like to start. or questions about protecting your family with a will or living trust. anyou'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom he
FOX Business
Nov 13, 2012 8:00pm EST
ongoing energy policies, which it whole bunch of them think will be hurtful to the u.s. interest levels with energy interests. not at all surprised by this development? >> no, really not. i find it ironic in the headlines we see we could be energy independent by 2020, at the same time caterpillar is being downgraded because of energy concerns. it seems this administration can't get out of its own way. i don't know whether i should laugh or cry when i see these things. neil: we don't know what they're whining about, we are big into for acting, franken is at a record high. they're getting fossil fuels a record high, read the details on what is on private land versus public land, but they say there's a policy of building results. you say what? speak wit>> if it is a misrepre. said the gas prices would have to go up to push forward green energy agenda. said cars are going to be twice the efficiency buying half as much gas but offered no real installation. neil: mitt romney got a bad rap on his campaign, making energy such a prominent feature. if we get our energy act together, if we
FOX Business
Nov 8, 2012 4:00pm EST
. president obama will be spending another four years in the white house. the news sapping the energy out of coal stocks which had been on a tear. so what is the future hold for the industry? up next john pippy, ceo of the pennsylvania coal alliance, joining us exclusively on fox business i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. therare risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. taefficient and low cost building blocks to help u keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishare
FOX Business
Nov 14, 2012 4:00pm EST
four straight month of gains. the ppi drop into sensitive percent after declines in energy and auto. david: in the pit of the cme in chicago. telling us why this market rally that actually rallied more than 10%. she sees one coming despite the downside. in the real risk in the market is earnings. a lot of talk about the fiscal cliff, taxes going up. it is getting a little old. you think this market could actually rally before a deal is struck particularly when you see a buying opportunity like today. how much further south doesn't have to go before it is a buying opportunity? >> every time i think we're in a hole, we blow right through it. i think we need congress and the president to stop negotiating. both realize what they are. the president did not get a mandate on the economy. it is like me saying my wife married me for my height and athletic prowess. it is not true. you have a mandate on fixing immigration, putting supreme court justice. congress does not have a mandate either. stop negotiating the press and stop talking, start negotiating, while the market to just digest and t
FOX Business
Nov 9, 2012 12:00am EST
a little stronger. those coal guys and energy guys, they better come back to the table because they said a lot of mean things. now he is still there and they're in trouble. seems, do you feel threatened at this point? >> well, i think it is fascinating what the secretary had to say, that it is surprising to me quite honestly. what i mean by that, if you listen to what the president id during the election, he is a big proponent of oil and natura gas. and in his all-of-the-above energy astura ghaoil a in should play a important role a important part. melissa: do you believe that? >> we're hopeful of that. we'll give the president of the benefit of the doubt for the time-being but if the president is serious about what he promised the american people and what he got elected on, then i will and natural gas will have to be a big part of thatnergy energy plan. there should be no making up to do as the secretary suggests. we're in sync on the role of oil and natural gas. the question before us, will the president live up to his commitment. melissa: well, you really feel like you're in sync
FOX Business
Nov 10, 2012 6:00pm EST
, ♪ ♪ then 5-hour energy will lpou go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ neil: i'm not saying we have a revolt on our hands, but we have, at least from the eyes of critic z, john boehner a revolting thought, the idea that the leader of the republicans of the house of representatives is open to raising taxes. the louisiana republican says not only on issues like taxes, but on immigration, host of other issues. explain, congressman. you're not happy now op any revenue issues that boehner might want to concede? >> well, neil, that's quite right. of course, spaker boehner's comment were a bit contra kick digit -- contradictoryy but suggested he's willing to increase taxes on certain groups, particularly higher income levels, not by raising rates, but by reducing the deductions which really has thesame effect, and as we all know, most small businesses are organized as llc, and higher income taxes on higher income earners, small business owners, will just reduce economic activity and reduce job. neil: it's a notary public-starter -- non-starter
FOX Business
Nov 8, 2012 11:00pm EST
lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. new pink lemonadesold. 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. neil: we are just getting news that iran fired on a u.s. drone and it happened just a week ago. we are just finding out about it today. the huffington post -- we thout everything was going fine before the election. the hurricane sandy issue and then we thought, well, maybe not. a little bit of surprise in this. we have ronald reagan's former secretary of state. one of the most impressive resumes of all time. secretary, it is good to have you. what do you make of this? more is coming to light. i just think more and more will start coming out. >> i think it illustrates how we should shift our gears a little bit in the way we react to what iran is doing. t
FOX Business
Nov 9, 2012 8:00pm EST
to scare you. murray energy ceo, today, he's acting on it. this family used capital one venture miles to come home for the holidays. that's double miles you can tually use... sadly, tir brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn'it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illunang. what's in your wallet? let me guess, am i on the naughty list again? ho ho ho! neil: all right, well, they threatenedded, and they said if barack obama was reelected, not just bad for business, but for jobs and they would lay off people. murray energy, ceo, robert murray, laying offer 156 people after the president won re-election, and he sent out a prayer to the staff. i'll quote here. "lord, forgive me and anyone with me in the corporation for the decision that we are now forced to make to preserve the very existence of any of the enterprises that you have helped us build." mr. murray is on the phone now. how many people did you have to layoff?
FOX Business
Nov 14, 2012 11:00pm EST
big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ neil: when i first heard about this, i said no way in 4ebg this coul-- no way inheck that coulds could not just die on the vine. but they may be forced to shut down. the ceo is here with us, you came on in february to avoid this, why are we at this point. >> it is unfortunate, that -- but where we are now. is that the majority of our employees would like to us go forward and survive. we have a minority percentage of our employees that belong to the bakers union, went that group, they are picket -- within that group they are picketing the company,. neil: they say put this on them. cutbacks and benefits on them, what do you say? >> not true, the proposal we made, particularly on wage concessions apply to all employees,. neil: not just on them. >> absolutely, in fact we asked them to accept is same thing that teamster's union, our largest union approved, i guess if they aring iing is asking
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